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Warren Buffett Steps Down as Berkshire Chairman, Names Son to Replace Him

323 points · 221 comments · saimiam

  1. keiferski · · focus · HN ↗
    Buffett has been planning this since at least 2011:

    CHICAGO (MarketWatch) -- Warren Buffett has told the CBS News program "60 Minutes" that after he dies, he wants his son to become non-executive chairman of Berkshire Hathaway. Howard Buffett, a farmer with no college degree, would be a good successor, the elder Buffett said, because he understands the values of the company.

    <a href="http:&#x2F;&#x2F;www.marketwatch.com&#x2F;story&#x2F;warren-buffett-wants-farmer-son-to-succeed-him-2011-12-09" rel="nofollow">http:&#x2F;&#x2F;www.marketwatch.com&#x2F;story&#x2F;warren-buffett-wants-farmer...

    1. crossroadsguy · · focus · HN ↗
      &gt; Howard Buffett, a farmer with no college degree

      What absolute humble beginnings ;-)

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